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dongsky replied May 26, 2010momentum is slowing down? my order is not filled yet
My trading journey
- dongsky replied May 26, 2010
15 minutes... minor correction, indecisiveness of the both... continuation? look at the long wick (a pinbar), i looks like continuation of bulls dominance? i might be wrong, we'll see.
My trading journey
- dongsky replied May 26, 2010
bot 1.2295 x 1 = 38 bot 1.2310 x 2 = 46 bot 1.2330 x 2 = 6 total = 90 pips 1 scout still on (bot at 1.2280)
My trading journey
- dongsky replied May 26, 2010
i just don't feel right, something's wrong here, i squared all my position except the scout @ 1.2333
My trading journey
- dongsky replied May 26, 2010
is this what fti means by sweeping the ducks? why he encourage us not to use stop loss, but instead to be nimble... and rescue operation if need be
My trading journey
- dongsky replied May 26, 2010
i don't like this volatility at all
i hate spikey days hmmm i wish it will be in my favor, cannot do much except to dance swiftly and good. i need to be quick, any sign of exasperation for bulls then i will square most of my position and maybe ...My trading journey
- dongsky replied May 26, 2010
book is up 1.89% now, i'm happy
but not until i close my position and banked in profits heheheMy trading journey
- dongsky replied May 26, 2010
here is my other method of entry upon confirmation (feb's method). using fractal to know top or bottom, wait for v shape then enter upon breakout on fractal level. see current chart... but remember always go with trend, never counter trend
My trading journey
- dongsky replied May 26, 2010
notice there is no lower low... so it's still bullish call hehehehe
My trading journey
- dongsky replied May 26, 2010
bears are colliding head on with bulls, trying to steal momentum !!! fasten seatbelts
My trading journey
- dongsky replied May 26, 2010
that long blue candle show bulls dominance, its momentum - that red candle sandwiched by 2 bull candle shows continuity?
My trading journey